16001610 Chippewa Avenue, SE, Cleveland, TN 37311

• 2,934 sqft

Property Description

Multi-building 4 unit portfolio -- Downtown Cleveland, TN. Corner lot • Recent renovations throughout. • $2,130/month total in place for 3 units (4th unit being rehabbed, to be rented for $1,100/month). This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental income from day one. No lease-up risk, just stabilized cash flow in a market that continues to grow. The property sits on a corner lot with full city utilities -- water, sewer, and electric. Downtown Cleveland's trajectory, combined with the property's walk-to-everything location near shopping, dining, the Greenway, and public services, gives a future owner real room to grow rents as the market matures. Whether you're building a portfolio or adding a low-maintenance income property to an existing one, this checks the boxes.

Listing Status:

Active

Date Added:

September 10, 2025

Data Last Updated:

June 24, 2026 at 7:18AM

Listing Office:

Keller Williams Cleveland : 4238139800

Listing Agent:

William Eilf : 4238139800

MLS ID:

2795476

Interior

• Flooring: Laminate
• A/C: Wall/Window Unit(s)
• Heating: Electric

Exterior

• Parking: PavedParking spaces: 0

Construction

• Roofing: Shingle
• General: One

Location

• Originating MLS: realtrac
• County: Bradley CountyTN

Lot

• Zoning: 057L U 00200 000

Utilities

• Utilities: Electricity AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: realtrac